How does 2602's PE Ratio compare to its peers?

2602 is expensive based on its Price-To-Earnings Ratio (13.7x) compared to the peer average (11.3x).

How does 2602's PE Ratio compare vs other companies in the HK Real Estate Industry?

2602 is expensive based on its Price-To-Earnings Ratio (13.7x) compared to the Hong Kong Real Estate industry average (7.4x).

What is 2602's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

2602 is expensive based on its Price-To-Earnings Ratio (13.7x) compared to the estimated Fair Price-To-Earnings Ratio (10.8x).

What is the Fair Price of 2602 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

2602 (HK$21.8) is trading above our estimate of [[fair value]] (HK$3.55)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Onewo (SEHK:2602) - Stock Price, News & Analysis

2602 Stock Overview

Provides property management services in the People’s Republic of China. More details

2602 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	3/6
Past Performance	3/6
Financial Health	6/6
Dividends	1/6

Rewards

Earnings are forecast to grow 12.85% per year

Earnings grew by 5.7% over the past year

Risk Analysis

Dividend of 6.56% is not well covered by earnings or free cash flows

Significant insider selling over the past 3 months

Onewo Inc. Competitors

Hang Lung Properties

SEHK:101

HK$30.6b

Poly Property Services

SEHK:6049

HK$17.3b

Hang Lung Group

SEHK:10

HK$13.8b

Greentown Service Group

SEHK:2869

HK$12.0b

Price History & Performance

Summary of all time highs, changes and price drops for Onewo
Historical stock prices
Current Share Price	HK$21.80
52 Week High	HK$28.25
52 Week Low	HK$15.72
Beta	1.63
11 Month Change	-7.63%
3 Month Change	28.08%
1 Year Change	-13.83%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-52.61%

Recent updates

Onewo Inc. Just Missed Revenue By 6.3%: Here's What Analysts Think Will Happen Next

Mar 25

A Look At The Fair Value Of Onewo Inc. (HKG:2602)

Jul 16

Onewo's (HKG:2602) Soft Earnings Don't Show The Whole Picture

May 02

Onewo Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Mar 29

What Onewo Inc.'s (HKG:2602) P/E Is Not Telling You

Mar 28

Shareholder Returns

	2602	HK Real Estate	HK Market
7D	-0.7%	-1.6%	0.4%
1Y	-13.8%	-10.3%	12.0%

Return vs Industry: 2602 underperformed the Hong Kong Real Estate industry which returned -10.3% over the past year.

Return vs Market: 2602 underperformed the Hong Kong Market which returned 12% over the past year.

Price Volatility

Is 2602's price volatile compared to industry and market?
2602 volatility
2602 Average Weekly Movement	9.1%
Real Estate Industry Average Movement	10.1%
Market Average Movement	8.9%
10% most volatile stocks in HK Market	18.9%
10% least volatile stocks in HK Market	4.3%

Stable Share Price: 2602 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 2602's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1990	105,521	Baoquan Zhu	www.onewo.com

Onewo Inc., together with its subsidiaries, provides property management services in the People’s Republic of China. It operates through three segments: Community Space Living Consumption Services; Commercial and Urban Space Integrated Services; and AIoT and BPaaS Solution Services. The company provides property services, such as residential, commercial, and urban space.

Onewo Inc. Fundamentals Summary

How do Onewo's earnings and revenue compare to its market cap?
2602 fundamental statistics
Market cap	HK$25.86b
Earnings (TTM)	HK$1.86b
Revenue (TTM)	HK$37.32b

13.7x

P/E Ratio

0.7x

P/S Ratio

Is 2602 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2602 income statement (TTM)
Revenue	CN¥34.72b
Cost of Revenue	CN¥29.93b
Gross Profit	CN¥4.80b
Other Expenses	CN¥3.07b
Earnings	CN¥1.73b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.48
Gross Margin	13.81%
Net Profit Margin	4.98%
Debt/Equity Ratio	0%

How did 2602 perform over the long term?

See historical performance and comparison

Dividends

6.6%

Current Dividend Yield

91%

Payout Ratio

2602 Stock Overview

Rewards

Risk Analysis

Onewo Inc. Competitors

SEHK:101

HK$30.6b

SEHK:6049

HK$17.3b

SEHK:10

HK$13.8b

SEHK:2869

HK$12.0b

Price History & Performance

Recent News & Updates

Onewo Inc. Announces Cash Dividend for the Six Months Ended 30 June 2024, Payable October 23, 2024

Upcoming dividend of CN¥1.02 per share

Investor sentiment improves as stock rises 15%

Investor sentiment improves as stock rises 15%

Consensus EPS estimates fall by 13%

First half 2024 earnings released: EPS: CN¥0.66 (vs CN¥0.85 in 1H 2023)

Recent updates

Onewo Inc. Announces Cash Dividend for the Six Months Ended 30 June 2024, Payable October 23, 2024

Upcoming dividend of CN¥1.02 per share

Investor sentiment improves as stock rises 15%

Investor sentiment improves as stock rises 15%

Consensus EPS estimates fall by 13%

First half 2024 earnings released: EPS: CN¥0.66 (vs CN¥0.85 in 1H 2023)

Onewo Inc. Recommends Special Dividend for the Six Months Ended 30 June 2024

Onewo Inc. Recommends Interim Cash Dividend for the Six Months Ended 30 June 2024

Onewo Inc. to Report First Half, 2024 Results on Aug 22, 2024

Now 21% undervalued

Estimating The Intrinsic Value Of Onewo Inc. (HKG:2602)

Onewo Inc. Approves Final Dividend for the Year Ended December 31, 2023 Final Dividend, Payable on or Around June 3, 2024

Upcoming dividend of CN¥0.78 per share

Onewo Inc.'s (HKG:2602) Shares Climb 28% But Its Business Is Yet to Catch Up

Investor sentiment improves as stock rises 17%

There May Be Underlying Issues With The Quality Of Onewo's (HKG:2602) Earnings

Full year 2023 earnings: EPS and revenues miss analyst expectations

Consensus revenue estimates fall by 10%

Revenue Downgrade: Here's What Analysts Forecast For Onewo Inc. (HKG:2602)

Onewo Inc. Just Missed Revenue By 6.3%: Here's What Analysts Think Will Happen Next

Full year 2023 earnings: EPS and revenues miss analyst expectations

Onewo Inc., Annual General Meeting, May 10, 2024

Onewo Inc. Proposes Final Dividend for the Year Ended December 31, 2023, Payable on 03 June 2024

Onewo Inc. to Report Fiscal Year 2023 Results on Mar 22, 2024

Investor sentiment improves as stock rises 20%

Upcoming dividend of HK$0.35 per share at 3.0% yield

Onewo Inc. Announces Interim Dividend for the Six Months Ended June 30, 2023, Payable on 14 February 2024

Onewo Inc. Announces Interim Dividend for the Six Months Ended June 30, 2023, Payable on 31 January 2024

Upcoming dividend of CN¥0.32 per share at 2.8% yield

First half 2023 earnings released: EPS: CN¥0.85 (vs CN¥0.83 in 1H 2022)

Onewo Inc. Proposes Interim Dividend for the Six Months Ended June 30, 2023

Now 21% undervalued after recent price drop

Onewo Inc. to Report First Half, 2023 Results on Aug 24, 2023

Investor sentiment improves as stock rises 16%

A Look At The Fair Value Of Onewo Inc. (HKG:2602)

GM & Executive Chairman recently bought HK$1.0m worth of stock

Onewo Inc., Annual General Meeting, Jun 16, 2023

Onewo's (HKG:2602) Soft Earnings Don't Show The Whole Picture

Onewo Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Full year 2022 earnings: Revenues miss analyst expectations

What Onewo Inc.'s (HKG:2602) P/E Is Not Telling You

Investor sentiment improved over the past week

Less than half of directors are independent

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released

No independent directors

Onewo Inc. has completed an IPO in the amount of HKD 5.759836 billion.

Shareholder Returns

Price Volatility

About the Company

Onewo Inc. Fundamentals Summary

13.7x

0.7x

Earnings & Revenue

Dividends

6.6%

91%